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Posted: August 20, 2009

Opportunities for Nanomaterials in Sporting Applications

(Nanowerk News) Research and Markets has released a new report on the opportunities for nanomaterials in sporting applications – "Opportunities for Nanomaterials in Sporting Applications – 2008-2013: Trend, Forecast and Competitive Analysis".

Nanomaterials have been a revelation of the 21st century. It has brought about drastic changes in a number of application markets like the aerospace, industrial applications, energy and sports. The total annual production of carbon nanotubes which is the only significant nanomaterial used in sporting applications has grown immensely over the last few years and carbon nanotubes formed a $100 Million market in 2007 and is expected to grow at a pace never surpassed before in this market. Producers of carbon nanotubes are planning to setup production units with capacities in thousands of tonnes by 2012.

This tells the scope and opportunity for this market. Sports applications, at present make up for a 14 percent of the total consumption of carbon nanotubes, but as the production of carbon nanotubes goes on increasing, this percentage is expected to be translated into a significant figure. Golf shafts, rackets, skis and snowboards are the major users of carbon nanotubes, which is the major nanomaterial used in sporting applications.

Never before there has been a report addressing the markets, opportunities, materials and technology issues of the nanocomposite sporting goods market. This unique report from us will provide you with all the valuable information and tools that you may need in operating your business successfully in the nanocomposite sporting good industry. The report can potentially save you hundreds of hours of your personal research time and can significantly benefit you in expanding your business in this highly opportunistic market. In today's global economy, you need every advantage that you can find to keep you ahead in your business. Learn about current and future trends, identify key players, and explore the directions that the nanocomposite sporting good industry is heading for.